Here’s my issue: he says he wants the profit of anything I make on the deal if it’s anything over $25k so that he has “skin in the game”.

On the surface, this may not be as popular as the high turnover would call for prompter housekeeping and cleaning, but none the less, was an interesting concept.

While the Laminate is highly scratch resistant and water resistant with good resale value it does have an issue with spills being left on the surface for a period of time.

They can also be glued up if there is a surface underneath.

Meaning you took action and bought properties, as opposed to those who just give opinion without skin in the game. 

@Namit Raisurana, on the surface of it, are you sure you need to concern yourself over $3,500 (0.7%), when it'll get you double the amount you'd get otherwise?

I'm open to any guidance.I have no idea to secure funds if I have to put some skin in the deal, hopefully, since its, some kind of grant it won't require any money down.

They have more skin in the game then you do.Make sure you get clear title.

What does skin color have to do with anything?

LOL.and you would not have had the massive foreclosures  and I get it in those days reserves what are those everything is rosy.. and boy I just made it through by the skin of my teeth myself but I went through Millions in reserves and equity to protect my good name and credit standing.. it was brutal.. so yes I am totally debt adverse.I am more like my grandpa who lived through the depression and never had a penny of debt most of his life .. either way.. what ever floats your boat right ???